The post RUNE Weekly Analysis Mar 22 appeared on BitcoinEthereumNews.com.

RUNE shows a weak outlook with a weekly 3.06% decline, maintaining the primary downtrend’s dominance. While the market structure shows efforts to hold at critical supports, Bitcoin correlation and resistance confluence will determine the direction. Weekly Market Summary for RUNE RUNE was stuck in a narrow 0.41-0.42 band during the week and closed with a 3.06% loss. Current price at 0.41 level, volume profile remains low at 3.86 million dollars. Market structure indicates a consolidation phase within the larger downtrend. RSI at 43.36 in neutral-bearish zone, MACD negative histogram confirms bearish momentum. Trading below short-term EMA20 (0.43) and trend filter gives bearish signal. This week, critical support tests will be in focus for RUNE detailed spot analysis. For position traders, accumulation signs are weak while distribution risk is high. Trend Structure and Market Phases Long-Term Trend Analysis Market structure maintains the solidity of the long-term downtrend. On higher timeframes (weekly and monthly), price remains below EMA50 and EMA200, with lower highs/lower lows pattern continuing. Trend persistence is confirmed by failure to break the 0.47 resistance band. Momentum indicators (RSI weekly around 40) approach oversold territory but show no divergence. In macro context, assuming the altcoin cycle is in distribution phase, RUNE requires broader market rotation for recovery. Portfolio managers should maintain short bias unless the trend breaks. Accumulation/Distribution Analysis Volume profile at low levels and negative volume delta indicate smart money forming distribution patterns rather than accumulation. According to Wyckoff methodology, the current range resembles a re-distribution schematic: Spring tests fail, upthrusts rejected at resistance. POC (Point of Control) concentrated around 0.41, but no breakout volume. Accumulation phase features (high-volume support holds) not observed; instead, low-volume rallies signal typical bear traps. This structure requires a risk-off approach for position traders. Multi-Timeframe Confluence Daily Chart View On daily timeframe, price is…

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Filed under: News - @ March 22, 2026 6:03 am